The owner of a Russian cruiseship held in Canada over unpaid debts is trying to raise a bank loan to free the vessel.

Crew on the 4,300–gt Lyubov Orlova (built 1976) are still stuck in St John's as they await an end to the financial dispute involving Lyubov Orlova Shipping of Novorossiysk.

Makivik-owned Cruise North Expeditions, the charterer, claims it is owed $250,000 after problems with a piping system on board forced the cancellation of a trip to Labrador earlier this summer.